By Chuck Mikolajczak NEW YORK (Reuters) -The dollar fell slightly on Monday after comments from Federal Reserve Chair Jerome Powell, while cryptocurrencies rose on bets that an assassination attempt o[...]
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July 15, 2024
Fed’s Powell touts progress on inflation
(Reuters) – Federal Reserve Chair Jerome Powell said on Monday the three U.S. inflation readings over the second quarter of this year do “add somewhat to confidence” that the pace of[...]
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Former Chevron CEO Kenneth Derr dies at 87
By Sabrina Valle HOUSTON (Reuters) – Former Chevron Corp chairman and CEO Kenneth T. Derr, who led the company between 1989 and 1999, died on Friday shortly before his 88th birthday surrounded b[...]
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US back-to-school spending to remain muted in 2024, Deloitte says
By Anuja Bharat Mistry and Ananya Mariam Rajesh (Reuters) – Back-to-school spending this year is expected to be flat or lower in the United States, as shoppers dial down on expensive electronics[...]
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US judge sets quick schedule to consider family objections to Boeing plea deal
By David Shepardson WASHINGTON (Reuters) – A U.S. judge on Monday set a fast schedule to consider the objections of relatives of those killed in two fatal 737 MAX crashes to the Justice Departme[...]
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Macy’s ends buyout talks with investor group, shares slump
By Ananya Mariam Rajesh and Abigail Summerville NEW YORK (Reuters) -Macy’s scrapped talks with an investor group comprising Arkhouse Management and Brigade Capital that had offered to acquire th[...]
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NY Fed finds rise in credit rejection rate in June
By Michael S. Derby (Reuters) – Credit rejection rates were higher in June than earlier in 2024 but slightly lower than a year ago, new data from the Federal Reserve Bank of New York said on Mon[...]
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Bitcoin soars to two-week high after Trump attack
SINGAPORE (Reuters) – Bitcoin surged to a two-week high on Monday after the attempted assassination of U.S. presidential candidate Donald Trump raised the odds of the former president, who has p[...]
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China’s economy falters, raises pressure for more stimulus
By Kevin Yao and Joe Cash BEIJING (Reuters) -China’s economy grew much slower than expected in the second quarter as a protracted property downturn and job insecurity knocked the wind out of a f[...]
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